Insurance Underwriters Salary in Memphis, TN-MS-AR

BLS Occupational Employment & Wage Statistics • May 2025 • Memphis, TN-MS-AR

Median annual salary $73,890 -7.5% vs national
Median hourly $35.52
10th percentile $55,810
90th percentile $121,570
Employed locally 120
National median $79,880

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Type a city below to see how Memphis, TN-MS-AR stacks up on salary and cost of living.

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Insurance Underwriters
in
Memphis, TN-MS-AR
vs

    Salary percentile breakdown

    10th
    $55,810
    25th
    $72,520
    50th (median)
    $73,890
    75th
    $92,310
    90th
    $121,570

    Memphis economic context

    Unemployment rate 4.10% 2024 annual avg • BLS LAUS
    Median household income $64,743 2023 • Census ACS
    Insurance Underwriters salary vs area income 114% Median Insurance Underwriters salary is 14% above the area median household income

    Top-paying metros for Insurance Underwriters

    Metro areaMedian salary
    Southwest Maine nonmetropolitan area $129,950
    Vermont $106,790
    Northern Vermont nonmetropolitan area $106,790
    Denver-Aurora-Centennial, CO $106,380
    Boston-Cambridge-Newton, MA-NH $103,270
    District of Columbia $100,660

    Nearby metros — Insurance Underwriters salary comparison

    Metro areaMedian salary
    Chattanooga, TN-GA $95,720
    Nashville-Davidson--Murfreesboro--Franklin, TN $78,880
    Knoxville, TN $76,750

    Related occupations in Memphis, TN-MS-AR

    OccupationMedian salary
    Accountants and Auditors$74,080
    Human Resources Specialists$64,130
    Project Management Specialists$84,350
    Buyers and Purchasing Agents$63,190
    Training and Development Specialists$51,580
    Market Research Analysts and Marketing Specialists$65,720

    Frequently asked questions

    How much do Insurance Underwriters make per hour in Memphis?

    The median hourly wage for Insurance Underwriters in Memphis, TN-MS-AR is $35.52, based on BLS OEWS 2025 data. Top earners (90th percentile) make $49.88 or more per hour.

    Is Memphis above or below average for Insurance Underwriters salaries?

    The median Insurance Underwriters salary in Memphis, TN-MS-AR is 7.5% below the national median of $79,880. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Insurance Underwriters in Memphis?

    Entry-level Insurance Underwriters (10th percentile) earn around $55,810 per year in Memphis, TN-MS-AR. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $72,520.